The Automotive Lead-Acid Battery Market Size was estimated at USD 24.67 billion in 2023 and is expected to arrive at USD 40.60 billion by 2032 with a growing CAGR of 5.69% over the forecast period 2024-2032. This report offers a unique perspective on the Automotive Lead-Acid Battery Market by analyzing production volume trends across key regions and capacity utilization rates to assess industry efficiency. It provides insights into manufacturing efficiency and downtime metrics, highlighting operational bottlenecks. The study delves into technological advancements in battery design, such as adopting AGM and EFB technologies across regions. Additionally, it tracks export/import trends, shedding light on shifting trade dynamics. Emerging trends like raw material sourcing challenges, sustainability initiatives in lead recycling, and advancements in battery longevity further enhance this market evaluation.
Drivers
The Automotive Lead-Acid Battery Market is growing steadily due to increasing vehicle sales, rising demand for start-stop technology, strong aftermarket needs, and sustainability trends, despite competition from lithium-ion batteries.
The Automotive Lead-Acid Battery Market is witnessing steady growth, driven by the increasing production and sales of vehicles worldwide. These economies together with India, China, Brazil and Southeast Asian nations, are seeing a boom in ownership of vehicles with growing disposable incomes, better urbanization and upgraded road infrastructure. Particularly in conventional internal combustion engine (ICE) applications, lead-acid batteries continue to be the dominant technology choice because of their low cost, system reliability, and established recycling infrastructure. As the demand for passenger and commercial vehicles increases, so does direct battery consumption, fueling the growth of the market. Moreover, rising adoption of start-stop technology in micro-hybrid vehicles is fuelling demand for superior variants of lead-acid batteries, including Absorbent Glass Mat (AGM) and Enhanced Flooded Batteries (EFB). This makes it possible for fast charge acceptance with a long battery lifespan, ideal for new car applications. These are strong factors behind the aftermarket segment, as the growth of the vehicle parc also leads to high demand as well as the influx of battery purchases for replacement. Another important trend is the sustainability approach, as manufacturers are considering recyclable and eco-friendly battery options in order to meet strict environmental laws. Yet the market is challenged by lithium-ion batteries, particularly with the explosive growth of electric vehicles (EVs).
Restraint
The rising adoption of lithium-ion batteries in EVs, driven by superior performance and cost reductions, is reducing demand for lead-acid batteries in the automotive sector.
The growing adoption of lithium-ion batteries in the automotive industry is significantly impacting the demand for lead-acid batteries. Lithium-ion technology has been known to provide a higher energy density, longer life, faster charging potential, and reduced weight than its competitor, the lead-acid battery. These benefits have led to lithium-ion batteries becoming the most commonly used energy storage solution within EVs and hybrid vehicles that are seeing fast adoption with stricter emissions and government incentives to boost cleaner energy sources. Ongoing improvements in the production process and the cost of lithium-ion batteries, for instance, make them considerably more available for automotive applications, which has led to a notable decline in lead-acid battery market share. Lead-acid batteries are still employed in conventional internal combustion engine (ICE) vehicles for starter, lighting, and ignition (SLI) purposes; however, the transition towards electrification is progressively reducing their pertinence. The lead-acid battery industry must find innovative solutions to fuel growth in the global transformation of transportation as the markets for electric vehicles grow worldwide, filling niche applications.
Opportunities
Innovations in lead-acid battery technology, such as AGM and EFB, are enhancing charge acceptance, cycle life, and overall efficiency, ensuring continued market relevance.
Advancements in lead-acid battery technology are driving new growth opportunities in the automotive sector. This includes new generations of Absorbent Glass Mat (AGM) and Enhanced Flooded Batteries (EFB), which can offer superior charge acceptance, cycle life and efficiency. AGM batteries, for example, have a greater capacity for deep cycling and faster recharge rates, thus, they perform well in modern vehicles, which are running with start-stop systems. Advancements in plate designs, electrolyte formulations, and grid structures also contributed to longer battery life, improved performance, and lower maintenance requirements. These advancements are enabling lead-acid batteries to stay competitive in the face of increasing adoption of lithium-ion alternatives. In addition to this, carbon additives and advanced manufacturing techniques are also showing great promise in increasing energy density and extending the battery life. Lead-acid battery innovations also support sustainability with a well-established recycling ecosystem. These enhancements will be pivotal in maintaining the popularity of lead-acid batteries within the worldwide industry in light of ongoing advancements in automotive technologies.
Challenges
Government incentives for EVs and lithium-ion batteries are reducing the demand for lead-acid batteries in the automotive sector.
Governments worldwide are aggressively promoting electric vehicles (EVs) through incentives, subsidies, and policy support to reduce carbon emissions and dependence on fossil fuels. This change presents a major challenge for the lead-acid battery industry, with lithium-ion batteries now emerging as the go-to choice for EVs owing to their superior energy density, increased longevity, and better efficiency. China and Japan are just two countries hoping to fast-track lithium-ion batteries with research funding, tax credits and purchase subsidies, which will hurt lead acid battery demand in the process. On top of that, the growth of the lead-acid batteries market is also constrained due to strict emission policies and ICEs being banned in various parts of the world. This has me worried, considering how much money automakers are pouring into EV tech, and how few manufacturers there still are of lead-acid batteries, which were once the kings of the road. While lead-acid batteries are still popular as auxiliary and backup power sources, the increasing government shift toward electrification presents a major threat to their long-term prospects in the automotive space.
By Battery Type
SLI segment dominated with a market share of over 38% in 2023, due to their essential role in conventional internal combustion engine (ICE) vehicles. These batteries provide power to start the engine, run lighting systems and other electrical needs. Their market dominance is due to their extensive usage in passenger cars, trucks, and other commercial vehicles. Furthermore, low cost, high reliability, and ease-of-availability on SLI batteries allowed them to gain preference among automakers and consumers. However, despite the ever-evolving landscape of battery technology, SLI cells continue to dominate, owing to the robust existing infrastructure and economic advantages they possess. Also, high demands for ICE vehicles, especially in under-developed markets, while being the largest market segment, ensure that ICE vehicles hold a strong proposition in the market.
By Vehicle type
Passenger cars region dominated with a market share of over 76% in 2023, due to their large production volume and extensive use of lead-acid batteries for starting, lighting, and ignition (SLI) applications. They are chosen as they are more cost effective, reliable, and recyclable, and as such are the standard for most gasoline and diesel-powered vehicles. This segment dominates the automotive market further propelled by the rising revenue from personal mobility, ownership of vehicles, and the expansion of global automotive production. The growing adoption of stop-start technology in contemporary vehicles has been further supporting the demand for enhanced flooded battery (EFB) and absorbed glass mat (AGM) lead-acid batteries. Passenger cars are the leading revenue source in the automotive lead-acid battery market, thanks to steady sales in emerging and developed markets.
Asia Pacific region dominated with a market share of over 48% in 2023, due to its strong automotive manufacturing base in China, India, Japan, and South Korea. High vehicle production and sales in Asia Pacific recorded in major economies such as China, India and Japan, have boosted the adoption of lead-acid batteries. Lithium-ion batteries may have become prevalent, but lead-acid batteries are still an essential part of auxiliary applications in EVs and hybrid vehicles and the electrics' start-stop systems. The ageing vehicle population fuels demand even further as battery replacements become necessary, along with the emerging automotive aftermarket sector. Lead-acid batteries are relatively inexpensive compared to many other battery technologies, making them an excellent choice for mass production and use, the Essential Guide to lead-acid batteries explains that this also drives their widespread adoption in developing markets, where low-cost solutions are required. Driven by all of these, Asia Pacific would continue to remain the leading region in automotive lead-acid battery market.
North America has emerged as the fastest-growing region in the automotive lead-acid battery market, driven by a strong automotive industry and rising demand for replacement batteries. A well-established vehicle fleet in the region and frequent replacement of batteries due to extreme weather conditions is driving the growth of the market. Moreover, increased adoption of electric vehicles (EVs) and hybrid vehicles drives the functionality of lead-acid batteries, used extensively for auxiliary and start-stop systems. The supply chain is fortified by the presence of major automotive manufacturers and battery suppliers, enabling swift expansion. The market is also being boosted by government initiatives focused on sustainable transportation, as well as battery recycling programs. The automotive landscape and technological developments in North America are a key growth engine.
Exide Industries Ltd. (Automotive Batteries, Motorcycle Batteries)
Tai Mao Battery Co., Ltd. (Lead-Acid Starter Batteries, Industrial Batteries)
PT. Century Batteries Indonesia (Automotive Lead-Acid Batteries, Motorcycle Batteries)
Clarios (VARTA, OPTIMA, Heliar Lead-Acid Batteries)
Robert Bosch GmbH (S5, S4, S3 Lead-Acid Car Batteries)
CSB Energy Technology Co., Ltd. (VRLA Batteries, Automotive Lead-Acid Batteries)
Reem Batteries (Automotive Lead-Acid Batteries, Deep Cycle Batteries)
GS Yuasa Corporation (ECO.R, VARTA, Lithium & Lead-Acid Hybrid Batteries)
EnerSys (ODYSSEY, PowerSafe, Genesis Automotive Batteries)
Ritar International Group (VRLA Automotive Batteries, AGM Batteries)
East Penn Manufacturing Company (Deka, Duracell Automotive Batteries)
Stryten Energy (Enhanced Flooded Batteries, AGM Batteries)
Camel Group Co., Ltd. (Lead-Acid Starter Batteries, Stop-Start Batteries)
Mebco (Passenger Car Batteries, Heavy-Duty Lead-Acid Batteries)
Leoch International Technology Limited (AGM, Gel, Flooded Lead-Acid Batteries)
Koyo Battery Co., Ltd. (Sealed Lead-Acid Batteries, Automotive Batteries)
C&D Technologies, Inc. (VRLA Batteries, Lead-Acid Industrial Batteries)
Tianneng (Start-Stop Batteries, Motive Power Lead-Acid Batteries)
Johnson Controls (Hella, Optima, VARTA Lead-Acid Batteries)
FIAMM Energy Technology (Ecoforce AGM, FIAMM Titanium PRO Batteries)
Suppliers for (Known for high-performance lead-acid and lithium-ion batteries, widely used in automobiles and industrial applications) on Automotive Lead-Acid Battery Market
Clarios (USA)
GS Yuasa Corporation (Japan)
Exide Industries Limited (India)
EnerSys (USA)
East Penn Manufacturing Company (USA)
FIAMM Energy Technology (Italy)
Leoch International Technology Limited (Hong Kong)
Amara Raja Batteries Ltd. (India)
Furukawa Electric Co., Ltd. (Japan)
C&D Technologies, Inc. (USA)
In August 2023: Clarios acquired Paragon GmbH & Co. KGaA’s power business, strengthening its expertise in batteries and battery management systems. This move enhances Clarios' engineering capabilities and supports its low-voltage and lithium-ion projects.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 24.67 Billion |
| Market Size by 2032 | USD 40.60 Billion |
| CAGR | CAGR of 5.69% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Battery Type (Flooded, SLI, Absorbent Glass Mat (AGM), Enhanced Flooded Battery (EFB)) • By Vehicle Type (Passenger Cars, Light and Heavy Commercial Vehicles) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Exide Industries Ltd., Tai Mao Battery Co., Ltd., PT. Century Batteries Indonesia, Clarios, Robert Bosch GmbH, CSB Energy Technology Co., Ltd., Reem Batteries, GS Yuasa Corporation, EnerSys, Ritar International Group, East Penn Manufacturing Company, Stryten Energy, Camel Group Co., Ltd., Mebco, Leoch International Technology Limited, Koyo Battery Co., Ltd., C&D Technologies, Inc., Tianneng, Johnson Controls, FIAMM Energy Technology. |
Ans: The Automotive Lead-Acid Battery Market is expected to grow at a CAGR of 5.69% during 2024-2032.
Ans: The Automotive Lead-Acid Battery Market was USD 24.67 billion in 2023 and is expected to reach USD 40.60 billion by 2032.
Ans: The Automotive Lead-Acid Battery Market is growing steadily due to increasing vehicle sales, rising demand for start-stop technology, strong aftermarket needs, and sustainability trends, despite competition from lithium-ion batteries.
Ans: The “SLI” segment dominated the Automotive Lead-Acid Battery Market.
Ans: Asia-Pacific dominated the Automotive Lead-Acid Battery Market in 2023.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Volume, by Region (2020-2023)
5.2 Capacity Utilization Rates, by Region (2020-2023)
5.3 Manufacturing Efficiency and Downtime Metrics
5.4 Technological Advancements in Battery Design, by Region
5.5 Export/Import Trends, by Region (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Automotive Lead-Acid Battery Market Segmentation, By Battery Type
7.1 Chapter Overview
7.2 Flooded
7.2.1 Flooded Market Trends Analysis (2020-2032)
7.2.2 Flooded Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 SLI
7.3.1 SLI Market Trends Analysis (2020-2032)
7.3.2 SLI Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Absorbent Glass Mat (AGM)
7.4.1 Absorbent Glass Mat (AGM) Market Trends Analysis (2020-2032)
7.4.2 Absorbent Glass Mat (AGM) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Enhanced Flooded Battery (EFB)
7.5.1 Enhanced Flooded Battery (EFB) Market Trends Analysis (2020-2032)
7.5.2 Enhanced Flooded Battery (EFB) Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Automotive Lead-Acid Battery Market Segmentation, By Vehicle Type
8.1 Chapter Overview
8.2 Passenger Cars
8.2.1 Passenger Cars Market Trends Analysis (2020-2032)
8.2.2 Passenger Cars Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Light and Heavy Commercial Vehicles
8.3.1 Light and Heavy Commercial Vehicles Market Trends Analysis (2020-2032)
8.3.2 Light and Heavy Commercial Vehicles Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Automotive Lead-Acid Battery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.2.4 North America Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.2.5.2 USA Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.2.6.2 Canada Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.2.7.2 Mexico Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Automotive Lead-Acid Battery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.1.5.2 Poland Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.1.6.2 Romania Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.1.7.2 Hungary Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.1.8.2 Turkey Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Automotive Lead-Acid Battery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.2.4 Western Europe Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.2.5.2 Germany Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.2.6.2 France Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.2.7.2 UK Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.2.8.2 Italy Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.2.9.2 Spain Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.2.12.2 Austria Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Automotive Lead-Acid Battery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.4.4 Asia Pacific Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.4.5.2 China Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.4.5.2 India Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.4.5.2 Japan Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.4.6.2 South Korea Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.2.7.2 Vietnam Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.4.8.2 Singapore Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.4.9.2 Australia Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Automotive Lead-Acid Battery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.5.1.4 Middle East Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.5.1.5.2 UAE Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.5.1.6.2 Egypt Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.5.1.8.2 Qatar Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Automotive Lead-Acid Battery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.5.2.4 Africa Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.5.2.5.2 South Africa Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Automotive Lead-Acid Battery Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.6.4 Latin America Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.6.5.2 Brazil Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.6.6.2 Argentina Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.6.7.2 Colombia Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Automotive Lead-Acid Battery Market Estimates and Forecasts, By Battery Type(2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Automotive Lead-Acid Battery Market Estimates and Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10. Company Profiles
10.1 Exide Industries Ltd.
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
10.2 Tai Mao Battery Co., Ltd.
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 PT. Century Batteries Indonesia
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Clarios
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Robert Bosch GmbH
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 CSB Energy Technology Co., Ltd.
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 Reem Batteries
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 GS Yuasa Corporation
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 EnerSys
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 Ritar International Group
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segmentation
By Battery Type
Flooded
SLI
Absorbent Glass Mat (AGM)
Enhanced Flooded Battery (EFB)
By Vehicle Type
Passenger Cars
Light and Heavy Commercial Vehicles
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
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